IVV vs OCIO

IVV vs OCIO
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Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVOCIOWinner
Expense Ratio0.03%0.65%
AUM$907.0B$176M
Dividend Yield1.10%9.88%
Holdings50871
YTD Return+12.71%+9.22%
1Y Return+21.89%+16.40%
3Y Return (annualized)+22.08%+13.81%
5Y Return (annualized)+12.96%+7.09%
Volatility (annualized)15.1%10.1%
Max Drawdown-56.5%-24.2%
Fund FamilyiShares by BlackRock (US)ClearShares ETFs
CategoryEquityAllocation/Balanced
InceptionMay 15, 2000Jun 26, 2017

IVV vs OCIO Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Clearshares Ocio Etf (OCIO) is a ETF from ClearShares ETFs. Over the past year IVV returned +21.89% while OCIO returned +16.40%. Year to date, IVV is up 12.71% versus a gain of 9.22% for OCIO.

Over three years, IVV compounded at +22.08% per year against +13.81% for OCIO; over five years the annualized figures are +12.96% and +7.09% respectively. Across the full 9-year window we track, IVV has the edge at +7.00% annualized vs +6.99%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.1% for OCIO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -56.5% for IVV and -24.2% for OCIO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IVV charges 0.03% per year while OCIO charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 9.88% for OCIO.

Holdings Overlap

2.1%overlap

IVV and OCIO share 19 holdings out of 541 unique holdings combined, representing a 2.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in OCIODifference
NVDA7.76%0.39%7.37%
AAPL7.44%0.43%7.01%
AMZN3.75%0.21%3.54%
GOOGLProProPro
AVGOProProPro
GOOGProProPro
MUProProPro
JPMProProPro
LLYProProPro
BRK.BProProPro
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Frequently Asked Questions

Which is cheaper, IVV or OCIO?

IVV has an expense ratio of 0.03% while OCIO charges 0.65%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.

Which performed better, IVV or OCIO?

Over the past year IVV returned +21.89% vs +16.40% for OCIO, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.00% vs +6.99% for OCIO. Past performance does not guarantee future results.

Which is riskier, IVV or OCIO?

IVV has been the more volatile fund at 15.1% annualized versus 10.1% for OCIO. Worst drawdown: IVV -56.5% vs OCIO -24.2%.

Should I hold both IVV and OCIO?

IVV and OCIO have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between IVV and OCIO?

IVV and OCIO share 19 common holdings with a 2.1% weight overlap. Combined, they hold 541 unique securities.

Which pays a higher dividend, IVV or OCIO?

IVV yields 1.10% while OCIO yields 9.88%, so OCIO currently pays the higher dividend yield.

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